What is most critical when preparing a Medicare cost report is to “get it right.” Throughout the various cost report worksheets, there are items that have a direct impact on reimbursement. As a result of this direct impact, if data is not properly tracked, recorded, and understood, there can be financial consequences. This session will focus on the one “greatest hit” on each significant CAH cost report worksheet and the resolution to avoid the “biggest mistake.” Specific topics covered will include the following: cost report reimbursement elections, tracking patient days and rural health clinic visits, expense allocation, revenue offsets, and trends noted in Medicare auditor adjustments.